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BMW 5-Series Prices Paid and Buying Experience

3078 messages,  Last post on Oct 04, 2008 at 9:31 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW 5 Series, Sedan, Wagon


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#3008 of 3078
Deal - Please Help by seabassttu
Jul 14, 2008 (6:07 pm)
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I really need some help with some pricing on a 36 month / 10K year lease; wanted to take advantage of the recent rate drop from .0022 to .0018 and residual of 58%.
 
Black / Black
Premium Package
Automatic
Heated Seats
Xenon
Ipod
 
MSRP – 49,525
Invoice – 46,000
Selling – 45,110
 
Upfront $1,500 - includes all fees and fun stuff
Monthly payment is $619.00 (includes NC taxes)
 
From my understanding, the rate dropped from .0022 to .0018 with an additional .0004 reduction if you currently own BMW (which we do) thus bringing the rate to .0014 – right? I have a feeling my CA is not being honest with me (he has sold three other BMW to us – so I have a trust factor with him).
 
First, is the 45,110 a fair price, it does not seem the PP option credit was applied?
 
This is what he said about the rate:
 
The difference in the .00180 verses the .00140 is… You qualify for the .00180 rate by having a BMW in the household, the .00140 rate is if you currently have a BMW with BMW Financial Services, this allows you to get the rate down more…
 
I have a feeling I am not be dealt with honestly.
 
PLEASE ADVISE…
#3009 of 3078
528 Xi 24 months 24000 mile lease by mirx
Jul 15, 2008 (8:20 pm)
Reply

Replying to: seabassttu (Jul 14, 2008 6:07 pm)

Here is the quote
 
MSRP 51,975
ZPP Premium Package
ZCW Cold Weather Package
6FL iPod and USB Adapter
      Xenon Head lights
647.66 + 6% sales tax in Michigan
first month payment $1500
0 Down
I have not owned or leased a BMW before
 
Anyone have any idea if this lease price is good? If so how much is the dealer really making. I heard that the premium package is free of cost after a $2150 rebate.
 
Please help, I am planning to sign the lease tomorrow.
#3010 of 3078
Re: Deal - Please Help [seabassttu] by teethstraight
Jul 16, 2008 (6:33 am)
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Replying to: seabassttu (Jul 14, 2008 6:07 pm)

I heard someone got $8000 off MSRP on this thread.
#3011 of 3078
Advice on a used 2001 BMW 540i by gelles
Jul 18, 2008 (7:22 am)
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Hi! Am looking for some help-just bought a used 2001 540i with 35k miles, pristine condition, 6 speed. Never posted a message on a site like this before-looking for some driving advice and mechanical advice. Thanks!
#3012 of 3078
Re: Advice on a used 2001 BMW 540i [gelles] by gelles
Jul 18, 2008 (9:29 am)
Reply

Replying to: gelles (Jul 18, 2008 7:22 am)

Hi! Am looking for some help-just bought a used 2001 540i with 35k miles, pristine condition, 6 speed. Never owned a BMW of any kind. Never posted a message on a site like this before-looking for some driving advice and mechanical advice. Thanks
#3013 of 3078
Re: Advice on a used 2001 BMW 540i [gelles] by kyfdx HOST
Jul 18, 2008 (8:28 pm)
Reply

Replying to: gelles (Jul 18, 2008 9:29 am)

Hi gelles,
 
Welcome to the forums!
 
We have a whole list of 5-series discussions.
 
You might find this one, or this one interesting..
 
regards,
kyfdx
Host-Prices Paid Forums
#3014 of 3078
can I do better than this on 528? by oceanbluela
Jul 19, 2008 (5:01 pm)
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I live in L.A. and got this offer from a dealer for a new 528 with premium, navigation, and ipod options: $45,111 incl. destination (tax & tag extra). The MSRP is: 50,125. That is a savings of $4937 off MSRP. The invoice (reflecting free premium pkg) is: 43,950. That means their offer is $1151 over invoice. The TMV price is 44,569, which is $542 less than the dealer offer. I think I should try more dealers. What do you think?
 
Thanks.
#3015 of 3078
Re: can I do better than this on 528? [oceanbluela] by x021627
Jul 20, 2008 (10:54 am)
Reply

Replying to: oceanbluela (Jul 19, 2008 5:01 pm)

I think you know you can do better. You should be real close to invoice if not slightly below if they are truly sharing the premium package credit with you.
 
Good Luck and let us know how you do. The deals right now are great. The dealers are trying or should be trying to move inventory prior to MY09. I was lucky enough to be able to get in on a Feb. 08 deal for a 528xi that is slightly comparable to anything offered now when you consider the free premium package incentive, low money factor/interest rates offsetting the higher residual and customer cash I got then.
 
You are in LA, so there should be several dealers to engage.
#3017 of 3078
Re: can I do better than this on 528? [x021627] by oceanbluela
Jul 25, 2008 (7:14 pm)
Reply

Replying to: x021627 (Jul 20, 2008 10:54 am)

I did the deal today. I got the 528 in platinum gray with black leather and bamboo trim with premium, sport, navigation, sirius, ipod adapter, and floor mats. The MSRP: 53,750. My price: 48,662 + tax, lic, tags. Invoice: 49,050. My price is $5088 off the MSRP. And $388 below invoice. What makes the deal even better is the finance charge: .9% for 60 months.
 
The car will be here in 5-10 days. I'm really excited.

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